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A review of current online payment systems related to security and trust solutions

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conference contribution
posted on 2025-05-09, 22:26 authored by Thair Al-Dala'in, Suhuai LuoSuhuai Luo, Peter SummonsPeter Summons
This paper presents a review of current online payment systems in relation to security and trust solutions. These are examined to determine their underlying assumptions, as well as their strengths and weaknesses. A new electronic payment system model based on a personal mobile device and existing electronic payment models is proposed. The model focuses on trust to enhance the feeling of security in the use of credit cards for online payment systems. Mobile personal trust devices are used to control the payment process of customers in a transaction so as to give them the feeling of being in control of the payment process. One of the advantages of the proposed scheme is that the trust mechanism does not require a trust merchant to act as an intermediary between customers and the acquirer. Therefore, customers will send their information without concern of personal disclosure, or of the possibility of misuse of their secure information by the merchant.

History

Source title

Proceedings of the IADIS International Conference e-Commerce 2008

Name of conference

IADIS International Conference e-Commerce 2008

Location

Amsterdam, Netherlands

Start date

2008-07-25

End date

2008-07-27

Pagination

244-249

Editors

Krishnamurthy, S.

Publisher

IADIS Press

Place published

Amsterdam, Netherlands

Language

  • en, English

College/Research Centre

Faculty of Science and Information Technology

School

School of Design, Communication and Information Technology

Rights statement

This is a reprint from a paper published in the Proceedings of the IADIS International Conference e-Commerce, 2008

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